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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Portland at 1366 Meadow Ln, Portland, IN, 47371 at $155,000 posts ROI 39.61% with $843/mo cash flow from $1,805/mo rent. Total monthly income equals $1,805/mo, and annual cash flow records $10,122/yr on $51,383 to close. Return on cash invested measures 39.61% and rental yield reads 13.97% at the current $155,000. Equity gained on principal adds $1,000/yr, and 5% annual appreciation supports $42,824 by year five. Five-year ROI prints 208.54% and total cumulative return in cash totals $107,152.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,805/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1970
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47371, Portland, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,287 (100%) |
| Owner Occupied HU | 3,461 (65.5%) |
| Renter Occupied HU | 1,302 (24.6%) |
| Vacant Housing Units | 524 ( 9.9%) |
| Median Home Value | $140,267 |
| Average Home Value | $207,376 |
Residential
5,051
Single Family
4,986
Multi-Family
65
Businesses
459
Date | Event | Price |
|---|---|---|
| 2025-02-19 | Sold | $155,000 |
| 2025-01-23 | Pending sale | $154,900 |
| 2024-10-03 | Price change | $154,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | $1654.92 | 4.61% | $85,500 | 6.21% |
| 2023-10-22 | $1581.92 | 11.03% | $80,500 | 4.68% |
| 2022-10-22 | $1424.78 | 5.58% | $76,900 | 11.45% |
Listed by: Jerod Clark • Century 21 Advance
Mls Name: IRMLS
Mls Provider:
Mls ID: #202432644
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
